Specifications

Specifications include,
but are not limited to:The services to be
provided by the consultant will include the
following: Prepare an annual report analyzing
claims experience, benefits paid, contributions,
administrative expenses, gross and net costs of
insured benefits, net cost of any self- insured
coverages and other relevant items that pertain
to the plans. Provide advice and take
appropriate action as authorized by the City for
implementing any benefit changes. Calculate
claims trend factors. Prepare a recommendation
on the appropriate reserve. Provide the
required data or information needed to comply
with Iowa Code Chapter 509(A). Be available for
consultation with the City, its legal counsel or
plan administrator to assist in drafting notices
to plan participants about plan administrative
changes. Assist in vendor renewal negotiations.
Keep the City advised of Federal and State
regulatory changes that impact the plans.
Provide ongoing healthcare reform consultation